Foundpac buys stake in cable maker


KUALA LUMPUR: Precision engineering parts maker Foundpac Group Bhd is buying a 70% stake in a manufacturer of accessory cables and connectors for RM8.4mil.

The purchase, Foundpac said, would give the company a foothold in the wire and cable market, as well as the opportunity to cross-sell its products.

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Foundpac , SDKM Technologies , cable ,

   

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